Special rules apply to non-residents When a Registered Education Savings Plan (RESP) matures, the beneficiary of the plan (usually the child for whom the plan was opened) can withdraw the funds for post-secondary tuition. Because they will likely be in a very low...
Robyn Thompson is regularly featured in The Toronto Star’s “Money Makeover” series by Deanne Gage. Money Makeover takes a look at Christopher, 62, and Charles, 59, are newly retired snowbirds living in Mexico during the winter months. They have enough money to live...
Sorting out MERs, TERs, and loads If you’re a novice investor, and you’ve been looking at the costs of mutual funds, you’re probably finding it more than just a bit confusing. For example, you might have seen a number of different costs and expenses listed for...